Industrial Land with DA Approval and Priceless Exposure

The subject property is located on the southern side of the New England Highway, approximately 350 metres east of the intersection with Weakleys Drive, positioned within close proximity to major arterial roads including the M1 Pacific Motorway, the Pacific Highway and the Hunter Expressway.

The property comprises vacant industrial land with council approval to build a warehouse of 1,141 square metres including an awning of approximately 91 square metres. The property has priceless exposure to the New England Highway.

• Vacant industrial land
• Total site area 2,339 square metres (approx.)
• DA Approval for a light industrial warehouse with awning totalling 1,141 square metres (approx.)
• Excellent exposure to high volume of traffic along New England Highway
• Popular location close to the M1 Pacific Motorway, New England Highway and Pacific Highway
• Zoned IN2 Light Industrial under Newcastle LEP 2012

The rental averages are based on a basket of buildings within that market, according to grade and recent transactions and are a trend indicator only. The high figure is indicative of the average $/sqm for the high floors, and the low is indicative of the average $/sqm of the lower floors.
Leasing deals negotiated in 'net' exclude outgoings, whereas 'gross' rents are inclusive of outgoings.